We propose that Phongsupthavy Group (Laos) research and expand cooperation in the energy sector.

Photo caption — Deputy Prime Minister Bui Thanh Son receives Khounlaphanh Vongnathi, Vice Chairman of Phongsubthavy Group (Laos). Photo: An Dang/VNA.

During the meeting, Deputy Prime Minister Bui Thanh Son welcomed the visit of Vice Chairman Kounlaphanh Vongnathy to Vietnam, emphasizing that the visit demonstrates the spirit of cooperation and special friendship between Vietnam and Laos, especially in the energy sector - a field that receives special attention from the high-level leaders of the two Parties and States.

The Deputy Prime Minister acknowledged and highly appreciated Phongsupthavy Group as one of Laos' pioneering investors in exporting electricity to Vietnam.

The Deputy Prime Minister also highly appreciated the Group's commitment to continue increasing electricity exports, making a practical contribution to the implementation of energy cooperation agreements and commitments between the high-level leaders of the two Parties and two States.

To ensure the implementation of the projects, the Deputy Prime Minister requested the Corporation to continue to coordinate closely with the Ministry of Industry and Trade, Vietnam Electricity Corporation, and relevant localities. The Corporation needs to fully comply with Vietnamese laws and regulations, while ensuring the safety of the power system and protecting the environment.

In addition, the Deputy Prime Minister suggested that Phongsupthavy Group research and expand cooperation with Vietnam into potential areas such as carbon credits and energy infrastructure. The Group was also encouraged to participate in ASEAN Power Grid projects and regional cooperation initiatives such as the Mekong-Lancang cooperation.

Thanking the Deputy Prime Minister for taking the time to meet, Vice Chairman Kounlaphanh Vongnathy affirmed that Phongsupthavy Group is committed to implementing energy cooperation projects in accordance with the laws of both countries. Mr. Vongnathy expressed his determination to realize the plan to export approximately 6,000 MW of electricity to Vietnam in the coming years.

Deputy Prime Minister Bui Thanh Son expressed confidence that, with the clear direction on connecting the two economies from the high-level leaders of both countries, along with a solid foundation of cooperation and a spirit of mutual trust and understanding, the cooperation between the Group and Vietnam will be successful. This will contribute to the continued strong development of Vietnam-Laos energy cooperation, bringing practical benefits to the people of both countries.

Phongsupthavy Group was established on January 1, 2001, initially operating in the construction of bridges, roads, irrigation systems, and infrastructure. By 2011, the Group had expanded into mining, agriculture, and clean energy, including hydropower, solar power, and wind power.

Source: https://baotintuc.vn/thoi-su/de-nghi-tap-doan-phongsupthavy-lao-nghien-cuu-mo-rong-hop-tac-linh-vuc-nang-luong-20251212115638696.htm